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Corn charts
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Conan the Farmer
Posted 7/8/2018 09:41 (#6856802 - in reply to #6856636)
Subject: RE: Corn charts



South Central Iowa

Continuous basis September, I am looking at $3.66 as our first overhead resistance. That represents an accumulation zone and topside of a 1/2 SRL basis our 2016 low and 2018 high, our lowest in over a decade and it's highest high since. The 1/3 did contain our bottom side from the drop and played very nicely. I like $3.73 from a long ways back, it is important in corn. Of course we have a true blue gap, small as it is, sitting from $3.89'6-$3.90'6. Clear the most major resistance at $3.66-$3.73 and I think we have that additional 18c run in us. 

Yeah, we filled that roll gap... (See here) …. That was a fail... Yuck.





(July 8 Corn I (full).png)



(July 8 Corn II (full).png)



Attachments
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Attachments July 8 Corn I (full).png (61KB - 56 downloads)
Attachments July 8 Corn II (full).png (64KB - 73 downloads)
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